ABHI..Thanks for your interpretation - as always it is appreciated. I guess my encouragement stemmed more from the fact that - at least for now - the stock seems to have found a higher bottom than the previous retracements, and thus this sideways churn that you suggested will, hopefully, be a setup for a higher priced move next time around. The overwhelming amount of shares dumped recently will certainly have to be digested - I'm thinking it may take a couple of weeks.
Best,
Ian